In a filing with the Texas Workforce Commission, Leo’s Foods will begin terminating employees over a 14 day period beginning Oct. 10. Flowers Foods, parent company of Leo’s Foods, sold Leo’s to Wise Potato Chip. Co. in July. In addition, according to the TWC filing, Leo’s also lost a major chip contract with its customer Truco in July, eliminating the need for chip production. The loss of that contract resulted in the loss of about 23 employees and 37 outsourced workers.
Thomasville, Ga.-based Flowers Foods purchased Leo’s Foods in 2009. At the time, Flowers Foods said Leo’s had annual sales of approximately $30 million. According to that release, the company was founded in 1978 by Leo Jimenez and Sule Jimenez. Leo’s Foods is located at 3200 Northern Cross Blvd. in Fort Worth.